Postmedia Network Canada (TSX:PNC.B) Receivables Turnover : 2.10 (As of Feb. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Postmedia Network Canada Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Postmedia Network Canada's Revenue for the three months ended in Feb. 2024 was C$97.3 Mil. Postmedia Network Canada's average Accounts Receivable for the three months ended in Feb. 2024 was C$46.3 Mil. Hence, Postmedia Network Canada's Receivables Turnover for the three months ended in Feb. 2024 was 2.10.

Postmedia Network Canada Receivables Turnover Historical Data

The historical data trend for Postmedia Network Canada's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Postmedia Network Canada Receivables Turnover Chart

Postmedia Network Canada Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Receivables Turnover

Get a 7-Day Free Trial

8.83

7.38

8.28

10.14

9.36

Postmedia Network Canada Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Receivables Turnover	Get a 7-Day Free Trial															1.92	2.12	2.10	2.08	2.10

Competitive Comparison of Postmedia Network Canada's Receivables Turnover

For the Publishing subindustry, Postmedia Network Canada's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Postmedia Network Canada's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Postmedia Network Canada's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Postmedia Network Canada's Receivables Turnover falls into.

Postmedia Network Canada Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Postmedia Network Canada's Receivables Turnover for the fiscal year that ended in Aug. 2023 is calculated as

	Receivables Turnover (A: Aug. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Aug. 2023 )	/ (	(Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )
=	448.499	/ (	(49.118	+	46.764)	/	2 )
=	448.499	/	47.941
=	9.36

Postmedia Network Canada's Receivables Turnover for the quarter that ended in Feb. 2024 is calculated as

	Receivables Turnover (Q: Feb. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Feb. 2024 )	/ (	(Accounts Receivable (Q: Nov. 2023 )	+	Accounts Receivable (Q: Feb. 2024 ))	/	count )
=	97.338	/ (	(54.032	+	38.53)	/	2 )
=	97.338	/	46.281
=	2.10

Postmedia Network Canada (TSX:PNC.B) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Postmedia Network Canada Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Postmedia Network Canada's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Postmedia Network Canada (TSX:PNC.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Postmedia Network Canada Corp (TSX:PNC.B) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PNC.A:Canada

Address

365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4

Website

https://www.postmedia.com

Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.B) Headlines

No Headlines